Parameter Identification of a Class of Economical Models. (16th June 2010)

• Record Type: Journal Article
• Authors: Cantó, Begoña; Coll, Carmen; Sánchez, Elena
• Other Names: Reggiani Aura Academic Editor.
• Is Part Of: Discrete dynamics in nature and society. Volume 2010(2010)
• Publication Date: 2010-06-16
• Subjects: System analysis -- Periodicals; Dynamics -- Periodicals; Chaotic behavior in systems -- Periodicals; Differentiable dynamical systems -- Periodicals; 003.05
• DOI: 10.1155/2010/408346
• Languages: English
• ISSNs: 1026-0226

Abstract

Abstract : In mathematical modeling of economic problems, it is common to assume that economic laws influence the process and analyze the type of solution obtained. Sometimes these laws have unknown parameters and they worth studying if these parameters can be determined. In this paper, a structured system is considered and the identifiability is analyzed. In case the parameters can be uniquely identified, an algorithm for obtaining the model parameters is presented and, finally, the existence of a balanced growth solution is studied.